Since its breakout above the resistance line at $544, NASDAQ:META has been consolidating for almost 2 months within a parallel rectangle. The consolidation area is highlighted in yellow (B). This consolidation could potentially end with a breakout above the resistance line at $602.
Considering that the next 2 weeks are expected to be volatile (the first 2 weeks...
A massive cup-and-handle pattern is forming in CRYPTO:ETHUSD (yellow), with the handle currently in the process of forming.
An interesting observation is that the handle itself contains a smaller cup-and-handle pattern (purple), which has already successfully broken out.
Beyond the technical analysis, applying the Dynamic Time Warping (DTW) algorithm combined...
A massive cup-and-handle pattern is forming in $NYSE:ACHR.
The recent price movement has created the handle shape, and now the stock appears to be surging upward.
Graphically, on November 27th, the stock broke through the resistance level of $7.29 with high volume. A brief pullback to test the new support level at $7.29 may occur.
Target Price: Approximately $13...
AMEX:SLV is currently trading within an ascending channel.
On three occasions, AMEX:SLV has touched the daily 150 Simple Moving Average (SMA) and reversed upward, indicating strong support at this level.
This presents a potential entry point with favorable risk management opportunities.
Suggested stop-loss placement: just below the 150 SMA on the yellow...
